Texas Water Code

§ 20.002 — DEFINITIONS AND CONSTRUCTION

WA § 20.002Title 2. WATER ADMINISTRATION · Part C. WATER DEVELOPMENT · Ch. 20. TEXAS WATER RESOURCES FINANCE AUTHORITY · Art. A. GENERAL PROVISIONS

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In this subchapter:

(1)"Authority" means the Texas Water Resources Finance Authority.

(2)"Authorized investments" means:

(A)direct obligations of or obligations the principal of and interest on which are guaranteed by the United States;

(B)direct obligations of or participation certificates guaranteed by the Federal Intermediate Credit Bank, Federal Land Banks, Federal National Mortgage Association, Federal Home Loan Banks, and Banks for Cooperatives;

(C)direct obligations of or obligations the principal of and interest on which are guaranteed by the State of Texas;

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Legislative history

Added by Acts 1987, 70th Leg., ch. 728, Sec. 1, eff. June 20, 1987. Amended by Acts 1997, 75th Leg., ch. 891, Sec. 3.21, eff. Sept. 1, 1997; Acts 1999, 76th Leg., ch. 62, Sec. 18.63, eff. Sept. 1, 1999.